imageMOSCOW: Russian President Vladimir Putin said on Thursday his government did not plan to issue orders to domestic exporters to sell their foreign-currency earnings to support the rouble, which suffered a dramatic collapse earlier this week.

Putin also told an end-of-year news conference that the central bank should have stopped its forex market interventions a long time ago and that if it had, it would not have had to raise its key interest rate in an emergency move this week.

Copyright Reuters, 2014

Comments

Comments are closed.